Author Archives: NMN

To Swiss, cash is privacy, freedom

By Richard Giedroyc Denmark and Sweden may be leading the charge towards a cashless society, but Switzerland, that bastion of international banking, doesn’t see it that way. Not only are the Swiss sold on the idea they want to retain … Continue reading

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Q&A with Thomas Michael on world coin values

For the past three decades, market analyst Thomas Michael has served as director of world coin values for all of Krause Publications’ world coin catalogs. With new editions of The Standard Catalog of World Coins, 1901-2000, and The Standard Catalog … Continue reading

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Higgins Museum National Bank Note seminar set

The speakers program for the 2016 Higgins Museum National Bank Note Seminar has been finalized, with Wendell Wolka, Lee Lofthus, Mark Hotz, and Peter Huntoon engaged as the featured presenters at the July 28 event. Also appearing will be a … Continue reading

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IBNS names 2015 Bank Note of the Year

The Reserve Bank of New Zealand has been feted with prestigious Bank Note of the Year Award from the International Bank Note Society. It received the award for best 2015 note for New Zealand’s $5 polymer note. According to the … Continue reading

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North Korean counterfeits return

North Korea is back to doing one of the few things it does best – counterfeiting the money of other countries. In this case, however, it is the bank notes of its closest ally, China, that are being counterfeited. The … Continue reading

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South Korea doesn’t like its cash

By Richard Giedroyc Coins appear to be on their way out in South Korea. According to Hawaii Public Radio HPR2 “Today’s Asia Minute” reporter Bill Dorman, the Bank of Korea is reducing annual coin mintages, with the intention of entirely … Continue reading

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$100 rarity tops Knight’s Memphis

Described as the “prize of any collection,” an 1863 “Spread Eagle” $100 Legal Tender Note leads the offerings in Lyn Knight Currency Auctions’ upcoming sale in conjunction with the 40th Anniversary Memphis International Paper Money Show. The rarity, one of … Continue reading

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National Bank Note circulation peaked in 1932-1933

By Jamie Yakes and Peter Huntoon The purpose of the National Bank Act was to create a new form of currency. To that end, organizers of national banks were required to take out circulation by the initial legislation. Prior to … Continue reading

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Could the German collector become extinct?

By Richard Giedroyc The private collector is under fire in Germany. Not just the coin collector but the collector of many antique or fine art objects. The problem is the German Law on the Protection of Cultural Heritage. Proposals to … Continue reading

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China to replace yuan note with coin

By Richard Giedroyc Outside of U.S. Congress most people worldwide will agree a coin will outlast a bank note of the same denomination by years, resulting in saving production and material costs. The People’s Republic of China is the latest … Continue reading

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